Donald Trump has ordered the dismantling of the US Department of Education, creating uncertainty for those with student debt and concerns about the management of educational funding. While a press secretary indicated that core functions like student loans and Pell grants would continue, the department will see significant cuts, which have drawn skepticism regarding its capability to manage existing debt effectively. With one in four adults under 40 carrying student debt, the potential closure poses risks for borrowers and students seeking access to education, according to experts.
Shuttering the Department of Education would prove disastrous for students, borrowers, and our nation's future workforce. Without the department, fewer students would be able to go to college.
Despite the cuts, critical functions related to student loans, Pell Grants, and special needs funding will still be managed by the leaner Department of Education.
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